Underused Housing Tax – key information & filing deadlines
Announced in the 2021 Federal Budget, the Underused Housing Tax (UHT) is a tax designed to target underused properties owned by non-residents or non-Canadians. However, many Canadian individuals, corporations, partnerships and trusts will have to file a UHT return in order to avoid significant penalties. How does the Underused Housing Tax (UHT) work? The expressed...